BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST

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Post by Majormustardon Mar 18, 2022 10:14am

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Post# 34525018

Little candy for the newbie

Bill Gates And Druckenmiller Bet Big On Coupang

Mar. 01, 2022 12:15 PM ETCoupang, Inc. (CPNG)AMZN43 Comments20 Likes

Michael Dolen

2.5K Followers

Summary

Stanley Druckenmiller, who has generated 30%+ returns for 30 years, is now betting 1/5th of his fund on Coupang.
The Bill & Melinda Gates Foundation also has a stake, which is sizable for a non-profit.
This recent IPO, now 65% off its high, is worth your consideration given who's buying, even if you don't believe "the Amazon of South Korea" hype.